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Consider a developed nation with rising household debt and all indications point to that debt continuing to rise. Consider this list of macroeconomic variables/concepts:Aggregate Demand,

Consider a developed nation with rising household debt and all indications point to that debt continuing to rise. Consider this list of macroeconomic variables/concepts:Aggregate Demand, inflation, Aggregate Supply (Long-run or Short-run), real GDP, the nominal money supply, currency value relative to other hard currencies, and economic growth. Choose two variables/concepts from this list and briefly discuss the impact on them from the rising consumer debt. For each variable/concept, focus whether the impact is primarily evident in the short-run or the long-run.

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